China’s Cap and Trade Program: More Than Just Hot Air?

China’s recently announced cap-and-trade system to limit emissions is a positive development, but not new. China’s emissions trading system (ETS) has seen some capping, and very little trading. Additional challenges lie ahead in the pricing of carbon and introduction of unified measurement, reporting, and verification systems.

Michal Meidan, Director, China Matters via CHINA US Focus http://ift.tt/1jFXQTW